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Stimulus Payment Breakdown

Stimulus Payment Breakdown

  You’ve probably heard that IRS will be making millions of ”economic impact payments” (also called ”recovery rebates”) to help people stay afloat during this time of economic uncertainty related to the COVID-19 crisis. These...
Payroll Deferral

Payroll Deferral

On August 8, President Trump signed a Presidential Memorandum that permits the deferral of the employee portion of Social Security taxes for certain employees due to the COVID-19 pandemic. Guidance on the Presidential Memorandum related to the deferral of certain...